Union Cabinet has given approval for signing of a Memorandum of Understanding (MoU) with Hungary for cooperation in the field of water management. The MoU will enable sharing innovations in irrigation technology.

In 2016, India ranked 97th out of 118 countries on the Global Hunger Index. This annual report of GHI was made by International Food Policy Research Institute’s (IFPRI). 15 % of India’s population was found undernourished.

Key Aspects

The 2016 Champion of Champions pistol Award with cash prize of €5000 in the World Cup Final has been won by the Jitu Rai the Ace Indian Shooter of the International Shooting Sport Federation (ISSF) for pistol shooting. It was held in Bologna, Italy. Won the award in the 10 m Air

Google and HTC have tied up for the sales and aftersales support of new Pixel smartphones. 30 cities in the country will be served by HTC for after sales. HTC will sell the Pixel smartphone through its 1,000 retailer stores.

According to the report released by Index of Industrial Production (IIP) the first five months of the current fiscal year, recorded lowest Industrial growth in least 10 years from 2007-08. It is believed that Indian industries are suffering due to a global recession. Government r

The Union Government decided to celebrate 100th birth anniversary of social activist and former RSS leader Nanaji Deshmukh from October 11, 2016 to October 11, 2017. Union Culture Minister Mahesh Sharma announced during inaugural programme.

Telangana government has announced 21 new districts in states on Dasara after two and half years of formation. With this Telangana will now have total 31 (10 existing + 21 new) districts. Telangana Rashtra Samithi made announcement on 11th October 2016. It will improve administra

Google has announced that a new version of chrome to be released in December 2016 will save up to 50% of memory. This will be the great step by google to reduce memory footprint of chrome and will leading to dramatic improvements in performance and stability especially on mobile

First obesity clinic for children has been opened at Mumbai, Maharashtra. It was inaugurated at Surya Hospital by Chief Minister Devendra Fadnavis’s wife Amruta Fadnavis. Aim is to control rising cases of child obesity.

Two economists Oliver Hart and Bengt Holmstrom have won the 2016 Nobel Memorial Prize in Economic Sciences at Stockholm. They got the 2016 Nobel Economics Prize for their contributions to contract theory.

Revenue department has extended the anti-dumping duty on import of certain Chinese products, used in manufacturing shoes, toys, garment, and footwear and other industrial segments for another five years until 2021. This decision was taken by Central Board of Excise and Customs (C

International Energy Agency (IAE/ IEA) is going to collaborate with India to implement the government of India’s Unnat Jyoti by Affordable LEDs for All (UJALA) initiative universally for energy savings. International Energy Agency has been impressed with performance of India’s UJ

World Mental Health Day (WMHD) is observed on 10th October each year. Its purpose is to create awareness about mental health issues around the world. It also aims to collaborate efforts in support of mental health.

World Post Day is observed on October 9 every year to spread awareness related to the postal services and their role in the everyday lives of people and businesses. This day is celebrated by Department of Posts in India. For more than 150 years, India Post has been the backbone o

Supreme Court has stayed the commercial release of Genetically Modified (GM) mustard crop till October 17, 2016. It has asked the Central Government to take public opinion on such seeds before releasing the variety for cultivation.

Union cabinet approved setting up Medipark at Chengalpattu, Kanchipuram district, Tamil Nadu through a special purpose vehicle. It will be the India’s first medical devices manufacturing park. Union Cabinet permitted HLL Life care, a Mini Ratna PSU to sub-lease over 300 acres of

Finance Ministry Arun Jaitley has proposed to set up a Public Debt Management Cell (PDMC). PDMC will strengthen and deepen the reach of bond markets in India, streamline government borrowings and promote better cash management.

The first edition of World Sustainable Development Summit (WSDS) was inaugurated by President Pranab Mukherjee at Vigyan Bhawan in New Delhi. It was organized by The Energy and Resources Institute (TERI) with the theme “Beyond 2015 is People, Planet and Progress.”

Key Facts

All the entities granted a payments bank (PB) license should first take specific approval for the products which they intent to provide to customers. RBI also recently issued separate operating guidelines for payments banks based on financial inclusion.

Colombian President Juan Manuel Santos was honored 2016 Nobel Peace Prize for his resolute efforts to end more than 50-year-long civil war of Colombia. Norwegian Nobel Committee recommended his name for this award.